{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{4}{c}}
\hline\hline
                &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}\\
                &\multicolumn{1}{c}{Haven Flows}&\multicolumn{1}{c}{Non-Haven Flows}&\multicolumn{1}{c}{Diff. Flows}&\multicolumn{1}{c}{Diff. Flows}\\
\hline
IMF disbursement quarter&   -1.626\sym{**} &    1.628\sym{**} &   -3.207\sym{***}&   -3.613\sym{**} \\
                &  (0.669)         &  (0.803)         &  (0.941)         &  (1.414)         \\
[1em]
Quarterly GDP (log)&    0.435         &    0.265         &    0.501         &    2.202         \\
                &  (0.705)         &  (0.834)         &  (1.100)         &  (2.799)         \\
\hline
Observations    &    10622         &    10533         &    10501         &     3300         \\
r2              &    0.045         &    0.025         &    0.023         &    0.045         \\
\hline\hline
\multicolumn{5}{l}{\footnotesize Standard errors in parentheses}\\
\multicolumn{5}{l}{\footnotesize \sym{*} \(p<0.10\), \sym{**} \(p<0.05\), \sym{***} \(p<0.01\)}\\
\end{tabular}
}
